24 slides from Lagercrantz Group Ab Class B's earnings presentation, Jul 17, 2026
Slide 1: Interim Report Q1 2026/27
Interim Report Q1 2026/27 April – June 2026 (3 months) July 17, 2026 Jörgen Wigh, CEO Karin Mellegård Djärf, CFO
Slide 2: Introduction to Lagercrantz Group
Introduction to Lagercrantz Group Tech Group with leading positions in expansive niches Lagercrantz Group Electrify Control TecSec Niche Products International 17 companies 17 companies 15 companies 21 companies 16 companies 11 countries 9 countries 10 countries 10 countries 8 countries ◼ B2B Tech G
Slide 3: Revenues and profits
Interim Report Q1 2026/27 Revenues and profits Rolling 12 months, quarterly data 17 000 1 700 16 000 1 600 15 000 1 500 Profits after financial items, MSEK Towards 14 000 2 Billion! 1 400 13 000 1 300 Net sales, MSEK 12 000 Towards 1 200 11 000 1 Billion 1 100 10 000 Organic growth & 1 000 9 000 mor
Slide 4: Q1 - Business conditions
Interim Report Q1 2026/27 Q1 - Business conditions ◼ The aggregated market situation continued to be positively stable during Q1. ◼ Businesses linked to electrification, infrastructure, security & defence showed a particularly good development, while demand in the construction sector remained sluggi
Slide 5: Q1 2026/27 April - June 2026
Interim Report Q1 2026/27 Q1 2026/27 April - June 2026 ◼ Net revenues up 18% to MSEK 2,907 (2,473). ◼ Acquisitions +12%, organic growth +6%, currency 0%. ◼ EBITA up 15% to MSEK 498 (432). ◼ EBITA-margin at 17.1% (17.5). ◼ Cashflow from operations MSEK 279 (288). ◼ Profits after financial items up 18
Slide 6: Outcome by division
Interim Report Q1 2026/27 Outcome by division Net revenue 2026/27 2025/26 2024/25 MSEK Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Electrify 763 633 706 622 672 588 603 533 561 Control 364 359 346 317 319 330 322 281 264 TecSec 670 668 630 492 525 550 572 511 538 Niche Products 659 649 652 520 569 642 559 472 495 In
Slide 7: Comments by division: Electrify
Comments by division Electrify Interim Report Q1 2026/27 ◼ Revenues +13% to MSEK 763 (672), of which acquisitions +3%, organically +10% and FX 0%. ◼ EBITA +25% to MSEK 153 (123) i.e., an EBITA-margin of 20.1% (18.3). ◼ Favourable market within both key segments; electrification and infrastructure. ◼
Slide 8: Comments by division: Control
Comments by division Control Interim Report Q1 2026/27 ◼ Revenues +14% to MSEK 364 (319), of which acquisitions +12%, organically 2% and FX 0%. ◼ EBITA MSEK 51 (51) i.e. an EBITA-margin of 14.0% (16.0). ◼ Direktronik, Radonova and Stegborgs showed good improvements in earnings during the period. ◼ S
Slide 9: Comments by division: TecSec
Comments by division TecSec Interim Report Q1 2026/27 ◼ Revenues +28% to MSEK 670 (525) of which acquisitions +17%, organically +12% and FX -1%. ◼ EBITA +20% to MSEK 101 (84) i.e., an EBITA-margin of 15.1% (16.0). ◼ Several of the division’s security businesses delivered improvements in a continued
Slide 10: Comments by division: Niche Products
Comments by division Niche Products Interim Report Q1 2026/27 ◼ Revenues +16% to MSEK 659 (569) of which acquisitions +15%, organically +1% and FX 0%. ◼ EBITA +21% to MSEK 137 (114) i.e., an EBITA-margin of 20.8% (20.0). ◼ A stable quarter with good profitability in several of the businesses. Truxor
Slide 11: Comments by division: International
Comments by division International Interim Report Q1 2026/27 ◼ Revenues +16% to MSEK 451 (388), of which acquisitions +13%, organically +3% and FX 0%. ◼ EBITA MSEK 66 (70) i.e., an EBITA-margin of 14.6% (18.0). ◼ The market situation was stable overall, and the division delivered a quarter of solid
Slide 12: Vision and financial goals
Vision and financial goals Sustainable supplier of value- adding technologies with market-leading positions in several expansive niches. ❖ Annual profit (EBT) growth >15% At least 1/3 organically and the rest through 8-12 acquisitions per year. ❖ Return on equity (ROE) > 25%. 12
Slide 13: Building 5 divisions
Lagercrantz towards Two billion Building 5 divisions Electrify Control TecSec Niche Products International 17 companies 17 companies 15 companies 21 companies 16 companies 11 countries 9 countries 10 countries 10 countries 8 countries B2B product Niche companies Focus Electrification and Measurement
Slide 14: Aim of 85% proprietary products
Lagercrantz towards Two billion Aim of 85% proprietary products Percentage share of Group sales, moving 12-months based on quarterly data 3 4 4 4 4 4 3 3 3 3 2 3 3 2 2 2 2 2 1 2 5 4 3 3 3 3 3 3 6 6 6 5 5 5 4 9 9 6 5 7 8 5 5 5 5 5 8 8 10 8 10 9 12 14 12 12 13 12 11 10 15 13 15 14 13 13 13 13 Propriet
Slide 15: Acquisitions
Lagercrantz towards Two billion Acquisitions >95 acquisitions since 2006, including: 2020 as Group (Niche Products) ◼ Actively buying and building leading 2023. Sassenus Packaging (Asept Group, Niche Products) Glova Rail (International) B2B Tech companies in expansive Supply Plus (International) nic
Slide 16: MSSL - Michael Smith Switchgear
MSSL - Michael Smith Switchgear ◼ MSSL is a UK-based designer and manufacturer of bespoke low-voltage switchgear and electrical distribution assemblies, headquartered in Leicester. ◼ The company operates in a niche, engineering-intensive segment with a strong position in customized solutions based o
Slide 17: Hycon
Hycon ◼ Hycon is a leading supplier of high-performance hydraulic tools and power packs for cutting, drilling, and pumping in harsh environments. ◼ Hycon is based in Støvring, Denmark, and serves customers in over 80 countries through a network of distributors. ◼ Acquisition of 95% of the shares, MD
Slide 18: Nivex Topsafe
Nivex Topsafe ◼ Nivex Topsafe is a leading manufacturer and distributor of safe storage products such as security cabinets, fire cabinets and safe rooms to private and public customers. ◼ The company has a strong market position in Sweden and adds to the division’s current operations (Profsafe) with
Slide 19: Stalon
Stalon ◼ Stalon is a manufacturer of silencers for hunting firearms. ◼ The company sells its products through distributors to specialized retailers and operates in approximately 20 countries, with Sweden and Germany as its largest markets. ◼ Annual revenue amounts to approximately SEK 36 million, wi
Slide 20: Marsden
Marsden ◼ With 100 years of expertise, Marsden is a trusted and innovative provider of weighing equipment and related services. ◼ Customers include hospitals, community healthcare teams, GP practices and care homes as well as industrial customers and veterinary practices. ◼ Annual revenues of approx
Slide 21: Financial overview
Interim Report Q1 2026/27 Financial overview MSEK 26/27 16/17 17/18 18/19 19/20 20/21 21/22 22/23 23/24 24/25 25/26 RTM Q1 Net Sales 3,096 3,410 3,932 4,180 4,091 5,482 7,246 8,129 9,389 10,609 11,043 EBITA 409 436 519 565 616 895 1,205 1,431 1,646 1,923 1,988 EBITA,% 13.2% 12.8% 13.2% 13.5% 15.1% 1
Slide 22: Lagercrantz Group - Buying & Building Niche Businesses
Lagercrantz Group Buying & Building Niche Businesses www.lagercrantz.com
Slide 23: Board of Directors, Group Mgmt
Appendix Board of Directors Group Mgmt Jörgen Wigh Jonas Ahlberg VD och koncernchef vVD & Head of M&A Fredrik Börjesson Anna Almlöf Styrelseordförande Karin Mellegård Djärf CFO Malin Nordesjö Anna Marsell Division Mgmt Daniel Andersson Andreas Heder Head of Electrify Head of Control Anders Claeson J
Slide 24: The share and owners
The share and owners Owners 2026-06-30 Shares Votes • B-aktien noterad på Nasdaq Anders Börjesson & Tisenhult-gruppen 5.6% 29.0% Stockholm, Large Cap Fidelity Investments (FMR) 9.4% 6.6% • Ticker: LAGR B Swedbank Robur Fonder 7.0% 4.9% SEB Investment Fonder 6.7% 4.7% Lannebo Asset Management 6.1% 4.